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Thread to talk about football and wednesday in general
(7 hours ago)Statesideowl Wrote: Mike Ashley's 20m bid for Wednesday rejected.  Thank fk, thinking he's a del boy with the 10m under value bid.

No surprise. I think Kris W said a minimum of 30 M was needed to ensure the 25 p creditor threshold was met to avoid the additional minus 15 points next season.

It would be a big gamble to think that available purchase money alternately invested in the team/ground would ensure relegation to L2 is avoided if starting on - 15 in August.

While galling to reward DC for his failures, anyone with enough money and a long term view/plan for the club won’t care and may be smart enough to structure the business arrangements to take SWFC losses as a tax deduction against other elements they own.
Personally I think our new owner will be American- the Welcome to Wrexham experiment has shown what can be done with a sensible plan and competent people in the correct roles. The magnitude and big names of their sponsorship being a perfect example.
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I think its 50 million the asking price and about 100million of debt and moving forward ..we probably need an investment of about 500 million to be ingnus up to scratch but that's not happening nor will.the rules of the elite let it happen .
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